In this episode of the Home Buyers Australia Podcast, hosts Jack Corbett and Damien Walker get to grips with inflation—what it is, why it happens, and how it impacts your everyday life, especially as a homeowner or prospective buyer. From understanding the consumer price index (CPI) to exploring how inflation affects wages, debt, and house prices, this conversation breaks down this big topic, making it easy to understand and relatable even for the most finance-phobic listener. Whether you're a first-time buyer or a seasoned investor, inflation affects us all, so this is one is well worth a listen.

In this episode, you’ll hear all about:

• Purchasing power and the impact of inflation on your pay packet
• How inflation impacts on your long-term debt, especially your mortgage
• What the government is doing to promote “healthy” inflation
• Advice on how you stay the right side of things in an inflationary environment

TIMESTAMPS:

00:45 - What Is Inflation? Understanding the Basics

02:00 - How Inflation Has Affected Us Over the Last Year

03:30 - Supply and Demand: The Key Drivers Behind Inflation

06:00 - Monetary Policy and Its Role in Managing Inflation

08:00 - How Inflation Impacts Salaries and Wages

10:00 - Standard of Living: Why Life Feels More Expensive Today

12:45 - The Sweet Spot: Ideal Inflation Rates for Economic Growth

14:00 - The Effect of Inflation on House Prices and Supply Issues

16:30 - How Inflation Impacts Debt and Borrowing Power

19:00 - Why Inflation Can Help You Pay Off Debt Faster

22:00 - The Future of Inflation: What to Expect in the Coming Years

24:30 - Managing Your Finances in a High-Inflation Environment

26:00 - Inflation’s Impact on Your Financial Future

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

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